Blog Latest

DialAFlight on Facebook

Find out what’s hot right now for some last minute winter sun breaks

DialAFlight profile image

DialAFlight

#MondayBlues #maldives style. Today's #dailyescape live from @FSMaldivesKH .Book your own slice of paradise today. pic.twitter.com/4333Q7qul8
 
DialAFlight profile image

DialAFlight

In need of a lift this Monday? How does a sun-soaked #DailyEscape sound? This view of Grand Anse Beach should inspi… twitter.com/i/web/status/8…
 
DialAFlight profile image

DialAFlight

Let's kick off the weekend in style with this inspiring #DailyEscape! How good does Ao Nang in Thailand look right… twitter.com/i/web/status/8…
 

Blog Authors

Clemmie

Clemmie

Victoria Hampton

Victoria Hampton

Kathy McLeman

Kathy McLeman

Ree Saunders

Ree Saunders

Marisa Thomas

Marisa Thomas

Jan Moys

Jan Moys

Mike Potter

Mike Potter

Nicola Chapman

Nicola Chapman

Drew Hendricks

Drew Hendricks

Cheryl Richardson

Cheryl Richardson

Dave Balow

Dave Balow

Anastasia Miari

Anastasia Miari

Steven Gyford

Steven Gyford

Damac Towers

Paramount announces $1 billion hotel project in Dubai

Film company Paramount Pictures has partnered with Damac Properties to build a $1 billion four-tower project in Dubai. Paramount announced that it will be building The Damac Towers in downtown Dubai early last week and the project is expected to be complete by 2015 .

Damac Properties, a Dubai-based developer, will oversee the finance and construction of the new tower block and Paramount Hotels & Resorts will assist in the design of the Hollywood-themed towers. “We believe valuations in the market will continue to increase, especially in branded real estate,” said Ziad El Chaar, managing director of Damac. “Anything carries a risk, but we are confident in our belief in our brand, in the Paramount brand and the Burj Khalifa area.”

The four towers of the property will reportedly be 250-metres high and will connect via a multi level plaza. The project is the first of its kind for Paramount Pictures and will see the brands combine to bring a 540 room Paramount Hotel and Residences block and a 1400 room Damac Maison block to downtown Dubai.

“The history, glamour and tradition of the movies indirectly transcend every element of the design and ethos of this aspirational project. We will employ the same tried and tested production process, pioneered by Paramount Pictures at the studio, to direct, design and detail a world class experience,” added Chaar. “The Paramount brand stands for more than exceptional film and entertainment: It’s an inviting lifestyle.

The Damac Towers are set to open in 2015, in the Burj Khalifa area of downtown Dubai.

Image source: 1
Close